May 1, 2014

TDS rates section wise with threshold limit

Tax deduction at souce(TDS) rates as per section wise with threshold limit for financial year 2012-13 and the assessment year 2013-14 are as under.

Nature of Payment Made To Residents

Threshold (Rs.)

Company / Firm / Co-operative Society / Local Authority

Individual / HUF

If No / Invalid PAN

Section - Description

Rate (%)

Rate (%)

Rate (%)

192 - Salaries

-

NA

Average rates as applicable

30

193 - Interest on securities

-

10

10

20

194 - Dividends

-

10

10

20

194A - Interest other than interest on securities - Others

5000

10

10

20

194A - Banks

10000

10

10

20

194B - Winning from Lotteries

10000

30

30

30

194BB - Winnings from Horse Race

5000

30

30

30

194 C - Payment to Contractors

-

-

-

-

- Payment to Contractor - Single Transaction

30000

2

1

20

- Payment to Contractor - Aggregate During the F.Y.

75000

2

1

20

- Contract - Transporter who has provided valid PAN

-

-

-

20

194D - Insurance Commission

20000

10

10

20

194E - Payment to Non-Resident Sportsmen or Sports Association

-

-

-

-

- Applicable up to June 30, 2012

-

10

10

20

- Applicable from July 1, 2012

-

20

20

20

194EE - Payments out of deposits under NSS

2500

20

-

20

194F - Repurchase Units by MFs

1000

20

20

20

194G - Commission - Lottery

1000

10

10

20

194H - Commission / Brokerage

5000

10

10

20

194I - Rent - Land and Building

180000

10

10

20

194I - Rent - Plant / Machinery

180000

2

2

20

194J - Professional Fees

30000

10

10

20

194LA - Immovable Property

100000

10

10

20

194LB - Income by way of interest from infrastructure debt fund
(non-resident)

-

5

5

20

Sec 194 LC - Income by way of interest by an Indian specified
company to a non-resident / foreign company on foreign currency approved loan
/ long-term infrastructure bonds from outside India (applicable from July 1,
2012)

-

5

5

20

195 - Other Sums

-

Average rates as applicable

-

30

196B - Income from units

10

10

20

196C-Income from foreign currency bonds or GDR (including
long-term capital gains on transfer of such bonds) (not being dividend)

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